What are the responsibilities and job description for the Quantitative Engineer – Market Analytics, New Grad position at Jobright.ai?
Verified Job On Employer Career Site
Job Summary:
Bank of America is dedicated to enhancing financial lives through meaningful connections and responsible growth. The Quantitative Engineer Analyst role involves designing and implementing scalable software components that support data and analytical capabilities within the Global Risk Management division. This entry-level position requires collaboration with various stakeholders to develop innovative solutions for risk management and regulatory compliance.
Responsibilities:
• Applying quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements
• Understanding financial data: schemas, flow, size, data issues, data controls, etc.
• Building performant big data pipelines
• Use programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes
• Collaborate with key stakeholders across the Bank to understand modeling and testing business processes and requirements
• Think outside the box of current industry standards to develop innovative approaches
• Maintaining and continuously enhancing capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks
• Source and evaluate data required for modeling and testing
• Design and develop and implement models and tests
• Produce clear, concise and repeatable technical documentation on models and tests for internal and regulatory purposes
Qualifications:
Required:
• Bachelor’s degree in Computer Science, a closely related field, or a degree from a program where software engineering was a key focus
• Strong Programming skills (e.g., Python)
• Strong analytical and problem-solving skills
• Digital fluency
• High level of intellectual curiosity
• Feel ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines
• Strong written, verbal, presentation creation and delivery skills
• Well organized, and has attention to detail
• Ability to adjust to new conditions and changes effectively
• Capacity to notice and consider all aspects or a task or project
• Work effectively with others toward a common goal
Company:
Bank of America is a financial institution that offers credit cards, home loans, and auto loan services. Founded in 1998, the company is headquartered in Charlotte, North Carolina, USA, with a team of 10001 employees. The company is currently Public Company. Bank of America has a track record of offering H1B sponsorships.
